Company Formation in UAE, In accordance with Federal Decree-Law No. (26) of 2020 that amended some provisions of Federal Law No. (2) of 2015 regarding ownership of commercial companies.
For international investors who seek full control of their company, a free zone license in the UAE is the ideal option. UAE free zones are the most advantageous site for company setup because of the freedom to conduct business, the ability to hire any number of foreign workers, limited government intervention, tax exemption, inexpensive setup and maintenance costs, etc.
The business license category most in demand by international companies is the UAE free zone license. Starting at AED 11,500, investors can select the UAE Free Zone Business License Package with Zero Visa Quota.
More than 42 free zones with distinct legal systems exist in the UAE. Each major free zone has more than 8000 registered companies, and investors are lining up to open offices in UAE free zones. Each free zone has a specific set of guidelines, fees, and legal structures for registering a business.
Dubai Company Formation Procedure
Dubai free zones are particular economic zones that provide tax- and duty-free incentives to potential investors. Freezones are governed by a specific set of laws, rules, and regulations that are appropriate to the authorities. They operate beyond the purview of federal laws and labor ministry directives and are managed and governed by the free zone authority.
Every entrepreneur must follow a certain protocol in order to start a business in Dubai Freezone. Any missing to follow these regulations might have negative effects, such as disqualification from receiving a free zone company registration license. After selecting the jurisdiction for your free zone firm establishment, you will need to fulfill a number of conditions.
For instance, you will need to decide on the name of your business, choose between a free zone limited liability company (FZ LLC) and a free zone establishment (FZE), choose the best free zone jurisdiction for your startup, and submit the required documents, which includes your passport, NIC, and other legal documents.
Khairallah Advocates & Legal Consultants provides Investment Solutions and Company Formation, advice on the intricacies of investments and setting up a business under various jurisdictions, legal ramifications of all peripheral issues involved in the process and assist Clients in carrying out due diligence and setting up companies and branches in the mainland and in all free zone areas in the UAE and assist in registering Intellectual Property Rights in the United Arab Emirates.
Start your business in UAE immediately by choosing one of the following
